Bitcoin (BTC) is increasingly cementing its place as a hedge against political instability and monetary uncertainty, according to market commentary from crypto trading firm QCP Capital.
QCP Says Bitcoin’s Hedge Role Strengthens as Call Option Activity Increases
According to QCP, investors purchased over 500 BTC-30MAY25-104K-C (options expiring on May 30 with a strike price of $104,000) and over 800 BTC-27JUN25-135K-C (options expiring on June 27 with a strike price of $135,000) on Friday alone.
This intense buying activity indicates that further upward movements are expected if Bitcoin continues its rise.
QCP also noted that Bitcoin’s current rally is “fundamentally healthier than previous cycles” and is driven by macroeconomic concerns, particularly global political tensions and an increasingly complex monetary policy environment, rather than speculative frenzy.
Bitcoin has recently returned to positive territory for the year, trading around $95,000, on the back of strong ETF inflows and its increasing correlation with gold, which is perceived as a safe-haven asset.
The recent surge in bullish options positions comes amid heightened volatility in global markets as tariff hikes, central bank policy uncertainty and election-year risks prompt investors to seek alternative stores of value.
*This is not investment advice.